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BEIJING, Nov. 26 (Xinhua) -- Wang Gang, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, met in Beijing with a delegation of the Communist Party of the Russian Federation (KPRF).The delegation, led by Dmitry Novikov, secretary of KPRF Central Committee, is on a ten-day visit to China.Wang Gang (R), a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, who is also a vice chairman of the National Committee of the Chinese People's Political Consultative Conference, shakes hands with Dmitry Novikov, secretary of Communist Party of the Russian Federation (KPRF) Central Committee, in Beijing, capital of China, Nov. 26, 2010. Dmitry led a young cadre delegation of KPRF for a visit to China. Wang, also vice chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), said the CPC cherished the friendship with the KPRF, which is an opposition party of Russia.The CPC was ready to work with the KPRF to improve multi-level exchange and cooperation in different fields and to make joint efforts in fully expanding Sino-Russian strategic partnership of coordination, he said.

BEIJING, Dec.25 (Xinhua) -- Chinese vice premier Li Keqiang said that China's tax officials should continue to promote reform in the tax system and improve services to contribute to the country's economic development and social harmony.Li made the remarks in a written instruction to a recently-held national conference on taxation, which coordinated next year's working plans for the tax administration system.Li called on tax officials to further enact structural tax reductions, promote tax reforms, strengthen tax collections and management and improve services for taxpayers.Chinese tax officials should work to allow taxation to play a more important role in the transformation of economic development patterns, adjust income distribution and improve people's livelihoods, Li said.

BEIJING, Nov. 27 (Xinhua) -- Two years of monetary easing policies helped China's economy emerge from the global financial crisis. Now, facing a runaway inflow of hot money, fast loan growth, and escalating inflation, China could become serious about tightening regulations to achieve a "soft landing".Analysts recently said China could see more interest rate hikes in the final month of 2010 in a bid to soak up excessive liquidity and prevent a potential overheating of the economy.Further, the People's Bank of China (PBOC) Deputy Governor Hu Xiaolian said on Oct. 24 that using multiple monetary policy tools to improve liquidity management and guide the money and credit growth back to normal would be the main task for the central bank in the remainder of this year.According to data released by the central bank Friday, in October those funds outstanding for foreign exchange (FOFE) hit 525.1 billion yuan (78.37 billion U.S. dollars), the second highest monthly record in history.That is to say, PBOC issued 519 billion yuan of Renminbi in October to purchase the same amount of fresh inflow of foreign exchanges, which usually enter the nation in the form of trade surplus, foreign direct investment and short-term international speculative funds."The huge inflow of hot money is an important reason behind the sharp rise in FOFE," said Zhang Ming, a researcher with the China Academy of Social Sciences (CASS).He noted, as the European debt crisis ceased, that speculative funds have returned to the emerging markets, notably after the U.S. Federal Reserve announced the second round of its quantitative easing policy."As the massive inflow of foreign exchange increases the domestic monetary base, it has become a major impetus of a broad money supply, which could exacerbate inflation," said Liu Yuhui, also a researcher with CASS.Hefty foreign exchange inflow usually goes together with soaring inflation. China's FOFE hit a record 525.1 billion yuan in April 2008. In the same month, China's Consumer Price Index (CPI), a main gauge of inflation, was up by 8.5 percent, which was unprecedented.Also, this October, the CPI rose by 4.4 percent, the highest amount in 25 months.Boosted by a massive trade surplus, the domestic monetary situation began easing in late 2008, as China's broad money supply exceeded 70 trillion yuan, surpassing the United States to become the world's largest.Li Daokui, a member of the monetary policy committee with the PBOC, said hefty money supplies posed huge risks to the nation' s banking system and, more imminently, would exacerbate the current inflation."The interest rate increase last month sent a signal that more such increases will come in the future," he said.

BEIJING, Nov.18 (Xinhua) -- Premier Wen Jiabao's visit to Tajikistan next week will deepen friendly cooperation between China and Tajikistan, said Cheng Guoping, Chinese Assistant Foreign Minister, Thursday."Since the establishment of diplomatic ties between the two nations in 1992, bilateral relations have witnessed steady and sound development with extensive high level exchanges and increasing political mutual trust," said Cheng at a press conference.He said because of the joint efforts by the two sides, cooperation in trade, transportation, communications, electricity and infrastructure had been expanding and fruitful.Total bilateral trade volume in the first 10 months this year reached 1.08 billion U.S. dollars, a 2.5-percent rise from the same period last year, Cheng said.The two countries had also supported each other in major issues of mutual concern and maintained close coordination within multilateral institutions like the UN and the Shanghai Cooperation Organization (SCO), effectively guarding their own interests and making positive contributions to the world peace and development, he said.During the visit, the leaders of the two countries would exchange ideas about bilateral cooperation as well as international and regional affairs.Wen would also attend ninth SCO prime ministers' meeting in Tajikistan's capital of Dushanbe on Nov. 25, said Cheng.He said the SCO member nations were expected to find common ground in promoting regional cooperation, facilitating investment, and enhancing the organization's internal construction.Sun Yongfu, director general of department of European affairs at Ministry of Commerce, who also attended the press conference, said economic cooperation among SCO members had been fruitful due to their close trade links.He said in the first 10 months this year the total trade volume between China and the other SCO states reached 67.9 billion U.S. dollars, up 37.4 percent year on year.Sun said the close cooperation among SCO member nations had made positive contributions to returning the world economy back to growth.

GUANGZHOU, Dec. 12 (Xinhua) -- Chinese Vice Premier Li Keqiang on Sunday met with foreign leaders and international sports organization officials who were in Guangzhou to attend the opening ceremony of the Asian Para Games.Among the foreign guests Li met were Philip Craven, president of the International Paralympic Committee, Datuk Zainal Abu Zarin, president of the Asian Paralympic Committee, and Jejomar Binay, vice president of the Philippines.Li extended warm welcome to them and spoke highly of their contribution to the Guangzhou Asian Para Games and the cause for people with disabilities.Chinese Vice Premier Li Keqiang (R) meets with the International Paralympic Committee President Philip Craven in Guangzhou, south China's Guangdong Province, on Dec. 12, 2010. The opening ceremony of the 2010 Asian Para Games was held in Guangzhou Sunday.He also said the Chinese government would further support the cause for people with disabilities to create more favorable conditions for them to integrate into society.Li declared the opening of the games Sunday evening at the Olympics Stadium of Guangzhou, capital city of south China's Guangdong Province.The Asian Para Games will last for a week.